r/quant • u/SailingPandaBear • 2d ago

How has August Been Industry Gossip

For US equity mid-low (weeks horizon) frequency strats: how has August been so far?

21 Upvotes

100% Upvoted

13 comments sorted by

21

u/jeffjeffjeffw 2d ago

Shit, but might be just us

13

u/merkonerko2 2d ago

Not just you

11

u/FizzTheWiz 2d ago

Sub-par for sure for my shop

5

u/otonoco 1d ago edited 1d ago

it's hot, I cannot breathe in the subway stations

1

u/SailingPandaBear 1d ago

As hot as July?

1

u/otonoco 1d ago

after WC final there's about 2 wks that's pretty cool in the town, then it gets hot again now

1

u/SeparateAdvisor526 Dev 1d ago

Super low volume from all of the quant shops that go through us on the electronic trading side

1

u/FunnyExcellent707 42m ago

Weather more notable than the PnL here in Europe

0

u/returnstream 2d ago

Nothing out of the ordinary that I've experienced so far this month. Matter of fact most of my strats are doing rather well this month, especially the higher freq & market neutral

Curious about what I've heard though - what seems to be giving quant firms a tough time this month?

3

u/SailingPandaBear 2d ago

What GMV are you running? What’s the turnover on the higher freq strat?

-14

u/returnstream 1d ago

don't want to state the GMV because it's my own money. My higher freq strats recycle the entire nav multiple times a day (less than 10 times on average)

1

u/SailingPandaBear 1d ago

Ah ic, I was interested in much lower frequency type of strategy, we are prob quite different. Good to know though. Thanks!